Republic Power Group shares fall 30.21% intraday after volatile after-hours rally linked to best-efforts offering with no minimum purchase requirement.

think> Okay, let's tackle this query step by step. The user wants me to act as a financial analyst explaining Republic Power Group's stock price movement based on the given news events. First, I need to determine the stock's movement. The input says it's down -30.2119941% intraday. Rounded to two decimals, that's -30.21%. The trading period is intraday, so during regular trading hours. Next, evaluate the news events. There are four reasons provided. Let's look at each one. Reason 1: The stock jumped 50.78% in after-hours trading after a securities offering. The article mentions a best-efforts offering with no minimum purchase requirement. This is a positive news event, but it's after-hours, so it doesn't directly explain the intraday drop. However, maybe there's a connection if the offering's details caused a reaction during the day. Reason 2: The stock surged 30.37% due to positive market sentiment. The summary says there's positive sentiment, but the content mentions analysts questioning growth strategies and volatility. This seems conflicting. The surge here is in a different time frame (Friday, January 30, 2026), which might be after the intraday drop. Not sure if it's related. Reason 3: Same as Reason 1, but the content is cut off. So maybe duplicate info. Reason 4: This is the same as Reason 1 but in Japanese. It details the after-hours jump and the best-efforts offering. Again, after-hours. The stock's intraday movement is a significant drop. The news events mostly talk about after-hours gains. The user's input says the stock is down intraday, but the news events mention after-hours increases. So maybe the drop during the day is due to something else. However, the user's input might have conflicting info. Wait, the user's input says "Republic Power Group盘中 intradaydown-30.2119941%" which is a big drop during the day. The news events mention after-hours gains. So the drop during the day might be due to a different reason, but the provided news events don't cover that. The after-hours news might have caused a reversal, but the user is focusing on the intraday drop. Wait, the problem here is that the stock's movement is a drop during intraday trading, but the news events all refer to after-hours gains. That could mean the news events are not the cause of the intraday drop. But the user wants to link the movement to the news. Alternatively, maybe the after-hours news caused a sell-off the next day, but the user is looking at the intraday period when the news was released. Alternatively, maybe the best-efforts offering had a negative impact during the day. The offering has no minimum purchase requirement, so if investors were concerned about the company not meeting its goals, that could lead to a sell-off during the day. The article mentions that the company might not refund if the offering doesn't meet goals, which could be bearish. So even though the after-hours price went up, during the day, the market might have reacted negatively to the offering terms. Looking at Reason 1 and 4, the best-efforts offering with no minimum purchase requirement might have caused uncertainty. The company's dual-class structure with the chairman controlling over 50% of voting power could also be a concern for investors, leading to a sell-off. The technical analysis in the news mentions the stock is near its 52-week low and has declined 82% over the past year. This weak position might have exacerbated the sell-off during the day. So, the key here is that the securities offering, being a best-efforts with no minimum, might have been seen as a negative signal. Investors might worry about the company's ability to raise capital, leading to a drop. Even though the after-hours price went up, the intraday drop could be due to the market's initial reaction to the offering terms before the after-hours news. But the after-hours news is about a gain, which is conflicting. Wait, the user's input says the stock is down -30.21% intraday, but the news events mention after-hours gains. If the stock was down during the day but up after hours, that might indicate a correction. However, the user is asking for the cause of the intraday movement. The provided news events don't directly explain the intraday drop. The after-hours gains are separate. Therefore, the relevant news events might not align with the intraday movement. However, perhaps the filing of the prospectus on Tuesday (as in Reason 1) caused a reaction during the day. The company filed the offering, and investors reacted negatively during the day, leading to the drop, but then after hours, there was a rally. In that case, the.